Join our community of smart investors

Luceco hit by decline in DIY

Cautious consumers and destocking distributors have caused profit to fall at the wiring accessories group
March 21, 2023
  • Good cash generation 
  • Demand under pressure

Luceco (LUCE) is an electronics manufacturer, making everything from switches and sockets to LED lights, EV chargers and extension cables. These products are essential for residential and commercial buildings and - for a while - this looked set to protect the group from the worst of the economic turmoil. 

This is subscriber only content
Start your trial to keep reading
PRINT AND DIGITAL trial

Get 12 weeks for £12
  • Essential access to the website and app
  • Magazine delivered every week
  • Investment ideas, tools and analysis
Have an account? Sign in